Author: Elli Karaindrou

A materially simpler own funds regime for UK investment firms?

In CP25/10, the FCA is consulting on a series of amendments to the own funds (capital resources) regime for MIFIDPRU investment firms.

The aim of the proposed changes is to simplify the current regime, remove references to UK CRR and other bank-specific considerations, and to foster growth, competitiveness and proportionality, particularly for smaller investment firms and start-ups.